appraisal clause

noun

Legal Definition of appraisal clause

: a provision in an insurance policy for a procedure to be followed in determining the amount of a loss when the insured and the insurer cannot agree

Learn More About appraisal clause

Dictionary Entries Near appraisal clause

appraisal

appraisal clause

appraise

See More Nearby Entries 

Cite this Entry

“Appraisal clause.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/appraisal%20clause. Accessed 28 Jan. 2022.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Name that Thing: Flower Edition

True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Universal Daily Crossword

A daily challenge for crossword fanatics.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!